US Business

Tyson Foods said it suspended Chief Financial Officer John R. Tyson after he was arrested early Thursday on charges of driving while intoxicated.

Activists say they want to get politics out of business, but their proposals fail to gain much traction.

The automaker saw strong second-quarter profits, citing brisk vehicle sales and resilient pricing.

The settlement with 43 attorneys general, which resolves claims of deceptive marketing practices, is subject to judicial approval.

Tesla and its billionaire CEO have been racing to drum up support from investors in recent days.

Backers include General Catalyst, Lightspeed, Bertelsmann Investment, Cisco Systems, International Business Machines, Nvidia and Salesforce Venture.

Umicore now expects 2024 earnings for its battery business to be around break-even, with volumes to be equal or slightly lower than last year, while group profit forecasts were also cut back.

Chinese authorities have ordered Evergrande Auto to repay government subsidies due to its failure to meet contractual obligations, and the company warned it could face the repossession of some assets.

The billionaire founder had sex with an employee and a former intern, and asked a woman at his company to have his babies

Shari Redstone is likely to pursue a sale of National Amusements, the company that controls Paramount, with other potential bidders.